Leveraged ETFs
542 ETFs · AUM: $187.38B
Leveraged ETFs use financial derivatives and debt to amplify the daily returns of an underlying index, typically by 2x or 3x. These funds are powerful tools for short-term traders who want magnified exposure to market movements without using margin accounts, but they come with significant risks that make them unsuitable for most long-term investors.
Popular leveraged ETFs include TQQQ (ProShares UltraPro QQQ), which provides 3x daily exposure to the NASDAQ-100, UPRO (ProShares UltraPro S&P 500), which delivers 3x daily returns of the S&P 500, and SOXL (Direxion Daily Semiconductor Bull 3X Shares), which offers 3x leveraged exposure to the semiconductor sector.
Leveraged ETFs are designed for single-day holding periods. Due to daily compounding, these funds can deviate significantly from their expected multiple over longer timeframes, especially in volatile or sideways markets. In a choppy market, a 3x leveraged ETF can lose money even when the underlying index is flat, a phenomenon known as volatility decay. TQQQ has attracted a large following among aggressive traders due to the NASDAQ-100's strong trending behavior, but it lost over 75% during the 2022 drawdown. These instruments require active monitoring and strict risk management.
542 ETFs found
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| Symbol▼ | Fund Name▼ | AUM▼ | Price▼ |
|---|---|---|---|
| DPST | Direxion Daily Regional Banks Bull 3X ETF | $458.9M | $132.59 |
| SDS | ProShares - UltraShort S&P500 | $451.4M | $58.53 |
| SPXU | ProShares - UltraPro Short S&P500 | $445.8M | $38.62 |
| UCO | ProShares - Ultra Bloomberg Crude Oil | $421.4M | $42.16 |
| UVIX | 2x Long VIX Futures ETF | $413.8M | $3.85 |
| MSTU | T-REX 2X Long MSTR Daily Target ETF | $390.3M | $3.52 |
| LITX | Tradr 2X Long LITE Daily ETF | $390.2M | $41.21 |
| ORCX | Daily Target 2X Long ORCL ETF | $382.7M | $37.31 |
| UVXY | ProShares - Ultra VIX Short-Term Futures ETF | $381.2M | $29.05 |
| DFEN | Direxion Daily Aerospace & Defense Bull 3X ETF | $371.1M | $72.79 |
| SPXS | Direxion Daily S&P 500 Bear 3X ETF | $370.7M | $27.51 |
| URTY | ProShares - UltraPro Russell2000 | $352.9M | $81.52 |
| JNUG | Direxion Daily Junior Gold Miners Index Bull 2X ETF | $352.4M | $138.66 |
| BITU | ProShares - Ultra Bitcoin ETF | $352.2M | $9.66 |
| PTIR | GraniteShares 2x Long PLTR Daily ETF | $344.8M | $11.59 |
| BOIL | ProShares - Ultra Bloomberg Natural Gas | $330.2M | $26.76 |
| TBT | ProShares - UltraShort 20+ Year Treasury | $325.1M | $35.61 |
| AMZU | Direxion Daily AMZN Bull 2X ETF | $311.2M | $33.69 |
| RKLX | Daily Target 2X Long RKLB ETF | $310.8M | $49.77 |
| AVGX | Daily Target 2X Long AVGO ETF | $302.1M | $48.25 |
| MRRL | UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B | $293.8M | — |
| DWT | VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New | $277.1M | — |
| IONX | Daily Target 2X Long IONQ ETF | $274.5M | $63.31 |
| QID | ProShares - UltraShort QQQ | $257.7M | $14.41 |
| ERX | Direxion Daily Energy Bull 2X ETF | $256.8M | $88.93 |
| MRVU | Direxion Daily MRVL Bull 2X ETF | $256.7M | $223.05 |
| TZA | Direxion Daily Small Cap Bear 3X ETF | $244.5M | $4.14 |
| GUSH | Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF | $244.2M | $35.27 |
| REML | Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN | $243.7M | $5.99 |
| UWM | ProShares - Ultra Russell2000 | $242.2M | $64.17 |
| SPUU | Direxion Daily S&P 500 Bull 2X ETF | $239.2M | $211.83 |
| MORL | UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN | $236.8M | — |
| SPDN | Direxion Daily S&P 500 Bear 1X ETF | $231.3M | $8.81 |
| AVL | Direxion Daily AVGO Bull 2X Shares | $226.1M | $45.80 |
| OKLL | Daily Target 2X Long OKLO ETF | $221.9M | $6.11 |
| MQQQ | Tradr 2X Long Innovation 100 Monthly ETF | $221.7M | $234.81 |
| CWEB | Direxion Daily CSI China Internet Index Bull 2X ETF | $218.6M | $22.54 |
| SMCX | Daily Target 2X Long SMCI ETF | $216.2M | $10.23 |
| MSTX | Daily Target 2X Long MSTR ETF | $206.8M | $16.15 |
| AAPU | Direxion Daily AAPL Bull 2X ETF | $202.3M | $35.82 |
| TSLT | T-REX 2X Long Tesla Daily Target ETF | $201.6M | $18.70 |
| SBIT | ProShares - UltraShort Bitcoin ETF | $198.4M | $60.19 |
| NOWL | GraniteShares 2x Long NOW Daily ETF | $197.9M | $4.73 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | $186.0M | $38.20 |
| SDOW | ProShares - UltraPro Short Dow30 | $181.1M | $25.97 |
| EDC | Direxion Daily MSCI Emerging Markets Bull 3X ETF | $172.1M | $88.22 |
| CURE | Direxion Daily Healthcare Bull 3X ETF | $165.5M | $102.02 |
| MVV | ProShares - Ultra MidCap400 | $163.2M | $89.84 |
| ETHT | ProShares - Ultra Ether ETF | $160.0M | $8.59 |
| DLLL | GraniteShares 2x Long DELL Daily ETF | $158.9M | $172.97 |